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MSNBC
Dec 7, 2012 11:00am PST
a slib rate strategy to slow walk our economy right to the edge of the fiscal cliff. >> speaker boehner says no progress has been made in the fiscal cliff talks with the president with just about three weeks left before the deadline. we'll check in with political editor mark murray. first, lawyers for george zimmerman have filed a lawsuit against nbc universal for its coverage of the february 26th, 2012 shooting death of trayvon martin in sanford, florida. it alleges defamation and intentional infliction of emotional distress. in a statement the parent company said, quote, we strongly disagree with the accusations made in the complaint. there was no intent to portray mr. zimmerman unfairly. we intend to vigorously defend our position in court. we'll be right back. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. bp has paid overthe people of bp t
MSNBC
Dec 7, 2012 2:30am PST
york city. >>> the effort to reach a deal on the fiscal cliff is now a two-man operation. president obama and speaker boehner. thank you. nobody else will be in the room. with 24 days before a year-end deadline, "the new york times" says boehner made the request to clear the negotiation room going forward, leaving it up to himself and the president to reach a deal to avoid automatic tax hikes and deep spending cuts. and while the two men may be negotiating privately, yesterday the president took his mess dwrooj the public, visiting a local virginia family as a part of his social media campaign. while sitting around the kitchen table, he told the family he felt optimistic. >> the message that i think we all want to send to members of congress is this is a solvable problem. the senate has already passed a bill that would make sure the middle class taxes do not go up next year by a single dime. just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%, but i do remain optimistic that we can get something done that is good for families like this
MSNBC
Dec 7, 2012 5:30am EST
speaker boehner that could actually bring both sides together on the fiscal cliff. >> good, lord, is that possible? also, president morsi sends in tanks to keep the peace as violent protests rage in cairo. we'll have a live report from the region. >> i'll tell you what, it is a mess in egypt, the parties starting to fight each other, meet the new pharaoh, same as the old pharaoh, unbelievable. >> we have full coverage on that coming up, but first, let's get the news live at 5:30 a.m. at 30 rock in new york city. >>> the effort to reach a deal on the fiscal cliff is now a two-man operation. president obama and speaker boehner. thank you. nobody else will be in the room. with 24 days before a year-end deadline, "the new york times" says boehner made the request to clear the negotiation room going forward, leaving it up to himself and the president to reach a deal to avoid automatic tax hikes and deep spending cuts. and while the two men may be negotiating privately, yesterday the president took his mess dwrooj the public, visiting a local virginia family as a part of his social med
CNBC
Dec 7, 2012 1:00pm EST
from the house speaker on where the fiscal cliff talks stand with 24 days to go. where should you put your money heading into this weekend? could be a very crucial weekend. >>> no worries. with the unemployment rate still near an 8% level, why some companies can't find workers. there's work and it is not a skills gap. we'll show you what else is being factored in to that equation. >>> and no fair, perhaps? well, a big change at big blue. ibm changing the way it pays down its 401(k). will other companies follow suit? tyler mathisen, my partner, who is always fair, always working, and is always a work in progress, according to this, is at new york stock exchange. hi, ty. >> i am the ultimate work in progress. thank you very much. >>> despite the assessment from the speaker of the house on the fiscal cliff, the fact he says there is no progress being made so far, the dow sort of playing past it. right now the industrials up by 46 points at 13,120 and change. apple is part of the nasdaq. apple down $14 a share. another 2.66% today as scott mentioned a moment ago, $50 billion in market val
FOX News
Dec 7, 2012 2:00am PST
to the fiscal cliff. even though speaker of the house john boehner's office says the lines of communication on both sides are open we know one thing is not being discussed by democrats and that one thing is extending the busheir raw tax cuts for top earners. >> oo i am not going to sign any package that prevents the top to go up but i am going to get something that is good for this fm lay and good for the american economy. >> in the senate mitch mcconnell proposed a vote on the part of the president's proposal that would allow the white house and not congress to control on its own without their input. but majority leader harry reid said that is not. >> if the president's proposal is made in good faith our friends should be eager to vote for them. so i am surprised the majority leader declined a chance for them to support it for their votes. so i guess we are left to conclude that it couldn't pass by a fair majority of votes and that they would rather that i can take the country off the cliff. >> get ready to listen to lawmakers today try to spin the unemployment report in favo
MSNBC
Dec 7, 2012 10:00am PST
upper hand, they're better off if -- they're better off than republicans if we go over the fiscal cliff. they have leverage from the campaign. that's the directionion -- speaker boehner today kept the door open to raising rates on the wealthy as part of a negotiating plan. >> at the white house, what are you hearing as to how much flexibility the president thinks he has? >> it's interesting. i had an interesting conversation yesterday with senator sheldon, white house democrat from rhode island, on the senate budget committee, he said look if we go through january 1st without a deal, it's not the end of the world. it will be the end of the world if they never get resolved. if they don't get resolved until mid january or february we'll be okay. from the white house and democrats we want a deal but not afraid to go past this deadline without a deal as susan said, they know they have the upper hand and waiting for republicans to bend. >> you've been looking at this from the per spective the wise men who used to be in leadership and take a look at what happened you wrote about mitch mcconnell and his attempt basically calling for a filibuster of his own debt ceiling bill
FOX Business
Dec 7, 2012 1:00pm EST
numbers straight ahead. tracy: if you thought this was the week for progress on the fiscal cliff. well, think again. big ol' zero. nothing happens. house speaker boehner says it is clear president obama is dragging the economy well over the cliff. ashley: the rhetoric goes on. ibm playing scrooge to hundreds of thousands of employees by radically changing its 401(k) contribution. is your company next? tracy: kind of scary. as we do every 15 minutes we head down to the floor of the new york stock exchange, nicole petallides. they are climbing back to session highs although the notion 48 points up is only thing we've got, doesn't say much. >> it has been a slow crawl but this is our third week in a row of gains. it doesn't feel like it's been a great three weeks but hey, if you're long the market and you're bullish you will take a winning week after a winning week, whether 3% or .1 of 1%. the dow is up roughly 100 points for the week. the dow is up 46 points. we haven't seen three consecutive gains for the dow since august. that is some good news. what is interesting about the data we've been getting, got it in the monthly jobs report, so important and
FOX Business
Dec 7, 2012 6:00pm EST
walk our economy right to the edge of the fiscal cliff. gerri: earlier i asked republican senator richard shelby of alabama for his take on the comments from boehner. >> i believe that speaker boehner is on the right track. the president has not come uptown now, been deeply involved, that we know about , in any of these offers are counteroffers. dealers said he has been campaigning to meet. but he has to get involved if he wants to avoid the fiscal cliff. i think that the speaker has indicated that he will try to engage in, try to meet him and try to avoid the fiscal cleft that the presiient is going to continue to say it is my way or the highway, that is another game. gerri: it is. harry reid today saying that the game is at chess game, and the republicans are the jets. here is harry reid. >> he has a problem. he has three quarterbacks. he cannot decide who the quarterback is going to be. that is the same problem republicans are having. romney is gone, but he is still in the background. we have mcconnell and boehner. who is the quarterback, mr. president? gerri: what do you make of that analogy? >> well, that is a football analogy. we'll do that from time to time, but the reality
ABC
Dec 7, 2012 6:00am PST
report comes on the heels of the ongoing fiscal cliff debate. economists estimate 200,000 fewer jobs have been created this year due to uncertainty over the fiscal cliff. aides to president obama and speaker boehner met yesterday afternoon, but that meeting ended with no signs of progress. stay with abc7 morning news, 6:30 the opening bell live from the new york stock exchange. 6:45 live to jane king for an update. >>> in a few hours pearl harbor survivors as well as military and coast guard veterans will place a wreath in alameda to mark the 71st anniversary of the japanese attack on the pearl harbor base in hawaii. it will be followed by a 20 within gun salute. more than 2400 americans died when the japanese bombed pearl harbor in a surprise attack december 7th, 1941. the attack helped usher the u.s. into world war ii. 3:45 in afternoon sons and daughters of survivors will attend the 48th annual beacon lighting in honor of pearl harbor day. >>> the iphone is likely coming to t-mobile in the new year, the company says it will add apple products in 2013 the company didn't mention the iphone by name and misses say it is likely the -- >>> san francisco-based site zynga wants a real money gambling e
FOX News
Dec 7, 2012 12:00pm PST
boehner says there is in progress in talks to avoid the fiscal cliff. four days after the g.o.p. laid out their proposal, speaker boehner said the white house has to have an offer. the deadline is now 25 days away. the president says there will not be progress until the republicans can agree the wealthiest americans must pay more taxes because it is going to hand. if it doesn't happen he will veto it. mike, the speaker boehner sounded, publicly, sounding frustrateing. >>reporter: he accused the president of slow walking the economy right to the edge of the fiscal cliff and says if the president got the tax increase he wants the country would be facing trillion dollar deficits. >> this isn't a progress report because there is in progress to report. when it comes to the fiscal cliff threatening our economy and jobs the white house has wasted another week. >>reporter: he calls officials saying they are ready to go over the trip. >>shepard: democrats insist that revenue, revenue, revenue is the key. >>guest: president obama campaigned on it and obviously won and democrats insist upper income americans should pay higher taxe
CNN
Dec 7, 2012 1:00pm PST
from going over the fiscal cliff. what the speaker didn't say in a news conference today could potentially be very significant. let's bring in our senior congressional correspondent, dana bash. >> reporter: reckless was the strong word the speaker used to describe timothy geithner's statement that he is willing to go over the cliff if republicans don't give on tax rates for the wealthy. i am told by a congressional source familiar with the talks they only had four, four staff level negotiations on the issue of the fiscal cliff, and that's why the speaker says the president is slow walking the issue. the house speaker ended the week with a progress report. none. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> reporter: he and the president spoke by phone only once all week and it didn't produce much. >> just more of the same. it is time for the president if he's serious to come back with a counteroffer. >> reporter: what may have been most notable was what boehner did not say. he did not repeat
MSNBC
Dec 7, 2012 3:00am PST
. the effort to reach a deal on the fiscal cliff is now a two-man operation. interesting. president obama and speaker boehner. nobody else. with 24 days before a year-end deadline, "the new york times" says boehner made the request to clear the negotiation room going forward, leaving it up to himself and the president to reach a deal to avoid automatic tax hikes and deep spending cuts. and while the two men may be negotiating privately, yesterday the president took his message to the public, visiting a local virginia family as a part of his my2k social media campaign, sitting around the kitchen table. he told the family he was optimistic. >> the message that i think we all want to send to members of congress is, this is a solvable problem. the senate has already passed a bill that would make sure the middle-class taxes don't go up next year by a single dime. just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one and that is good for the ameri
CNBC
Dec 7, 2012 2:00pm EST
watching this fiscal cliff thing so carefully. let me play the sound bite so you can see the dour expression on speaker boehner's face as he talked to reporters early this afternoon. >> this isn't a progress because there is no progress to report. when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> so we all also from nancy pelosi, the democratic leader in the house of representatives earlier today. she came before cameras also, no news from her had as well. holding pattern here in washington. rhetoric is pretty heated on both sides. you heard boehner there saying the president has wasted a week here. but behind the scenes, aides did give us some indication they'll continue to talk through the weekend so i think what's going on here is you're seeing the public blast of ret lick but behind the scenes they are talking to each other. i think the talks are fair le well coordinated. you can tell that by how tightly the white house and boehner camp on the press side have coordinated their rollouts of what they've said about these talks. the
MSNBC
Dec 7, 2012 3:00pm PST
avoid the fiscal cliff. compared to just 36% who trust republicans in congress. also today speaker boehner said he wouldn't rule out an agreement to raise taxes as part of a fiscal cliff deal. but he also said there's no progress. this is what winning looks like. joining me now, e.j. dionne and thank you both for your time. senator solis, the jobless rate is at a four-year low. that's quite an achievement. >> yes, reverend re. but we still need to do more. in sectors like retail and health care and tourism and hospitality. we need to do more because people are still suffering. we've got to put jobs back in infrastructure and construction and put our teachers. that's why the president is working so hard so we don't go off the fiscal cliff so we keep the most vulnerable people out of harm's way. to pay $2,200. we've got to talk about fairness here and i'm very excited that the public is listening to the message that the president has made very, very clear. >> 146,000 new private sector jobs last month but one of the things that you talk about is the public sector. the president has proposed
NBC
Dec 7, 2012 6:00am EST
out this morning. it could be the push washington needs to cut a deal to avoid the fiscal cliff. >> you have to nail this down. >> house speaker john boehner and president obama have resumed negotiations. democrats are standing firm against a plan to keep tax breaks for the wealthy. >> i see their proposal as an assault on the middle class. >> we are not going to negotiate this now. >> now there's a new twist. president obama wants to authority to borrow more money without being blocked by congress. >> he is assuming unprecedented power. >> the job numbers could tell another story. millions hoping washington can work this out. >> the closer it gets to the brink, more stressed they are going today. >> the president will not budge on raising tax rates for the wealthiest americans. there is no plan b. tracie potts, wbal-tv 11 news. >> now insta-weather plus and traffic pulse 11 together. >> good morning. sarah caldwell checking on your morning commute. overall, we are doing pretty well. there is an accident on york road at fox tail road. no problems down to the beltway. 95 south from the white marsh area. you can see the brake lights
MSNBC
Dec 7, 2012 8:00am PST
economy to the edge of the fiscal cliff instead of engaging in serious talks to avert the cliff, that includes spending cuts and tax reforms the president once supported. the white house has only offered a joke. i understand we have speaker boehner to the microphones. let's take a listen. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. eight days ago secretary geithner came here to offer a plan that had twice the tax hikes that the president campaigned on. it had more stimulus spending than it had in cuts. and an indefinite, infinite increase on the debt limit, like forever. four days ago we offered a serious proposal, based on testimony of president clinton's former chief of staff. since then, there's been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the cliff. instead of cutting spending, the president want to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. listen, washington has a spending problem, no
FOX News
Dec 7, 2012 3:00pm PST
fiscal cliff. >> it would take 15 minutes from the time the decision is made by the speaker of the house to pass and make permanent middle class tax cut. the president would probably have me sprint up to the hill to bring the bill down for him to sign. it can be done like that. it is not complicated. >> greg: speaker bane -- >> reporter: speaker john boehner not so optimistic. >> this is not a progress report, there is no progression to report. report. >> reporter: he blasted for not offering a counterproposal to his plan and they seemed more than ever going to stop the tax increase. economy shrugged off hurricane sandy to create 146,000 new jobs, nearly double what forecasters had said, job creation for september and october was revised downward by a total of 49,000. another 350,000 people were so discouraged in november they simply stopped looking for work and left the labor force, which is why the unemployment rate dipped to 7.7%. >> raising taxes on small businesses is not going to help our economy and it's not going to help those seeking work. i came out the day after the elec
FOX News
Dec 7, 2012 8:00am PST
house speaker john boehner is in. he's struggling to avoid going over the fiscal cliff. he's facing growing criticism from members of his own party, the speaker removing four conservative congressman from key committees, the move seen by some as a way to close ranks over a potential fiscal cliff deal with the white house. outside conservative groups are voicing their displeasure saying speaker john boehner could even lose his speakership. carl cameron joins us live in washington. so he has a lot of problems with conservatives right now, car. >> reporter: sure it's not just off the hill. some of the members on the hill. fiscal conservatives are once again whispering, in some cases outwardly and openly explaining about house speaker john boehner and his handling of the negotiations with the white house. john boehner's proposal to increase revenue $800 billion by closing tax loopholes and reforming the code has real problems for some house republicans, most of whom actually campaigned promising to at least hold the line if not cut taxes. this week john boehner tossed four con s*efr teufs known fo conservatives offer key committees. the budget committee a
MSNBC
Dec 7, 2012 9:00am PST
whole issue here. >> on the fiscal cliff front, no new deals or concessions made public, but "the new york times" reports the dynamic has changed. at the request of speaker boehner, senate leaders and nancy pelosi have been dismissed from the negotiating table. leaving just the speaker and the president to hammer this one out. today vice president biden is hosting middle-class families at the white house, continuing to pressure congress to strike a deal on tax rates below 250,000. yesterday, the president struck a hopeful note with a middle-income family in virginia, while maintaining a hardline on negotiations. >> the message that i think we all want to send to members of congress is, this is a sovble problem. i'm not going to sign any package that somehow prevents the top rate from going up for rate at the top 2% but i remain optimistic we can get something done for that is good for families like this one and that is good for the american economy. >> but the clock is ticking. with just two full weeks before christmas to go. joining me now from washington, the man with all the answers, cnbc's ayman jabbers. it's always so good and important to have you on the s
FOX News
Dec 7, 2012 6:00am PST
that. martha: the fiscal cliff, president obama and house speaker john boehner set to have a face-to-face meeting, one-on-one. we're waiting to hear from speaker boehner in just about 50 minutes away now. we'll bring you that live. bill: also, it has been 40 years, four full decades since the last man stepped on the moon. that was an american. his name is gene cernan. we'll talk to hem this hour. the last person to see the moon's craters up close and personal. >> ♪ i was stroeling on the moon one day, in a merry, merry of month of -- december. >> may, may. ♪ much to my surprise a pair of eyes, -- >> this is a neat way to travel. [ female announcer ] food, meet flavor. flavor, meet food. it's time for swanson flavor boost. concentrated broth in easy to use packets. mix it into skillet dishes, for an instant dose of... hell-o! [ female announcer ] get recipes at flavorboost.com. bill: we now have a verdict for a bus driver on trial for manslaughter. it will be revealed this morning although the verdict was reached yesterday because a juror had to leave the courthouse for a doctor's
FOX
Dec 7, 2012 7:00am PST
because there's no progress to report. when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week -- another week. >> reporter: there are reports this morning that fiscal cliff negotiations are really between president obama and speaker boehner right now. the speaker said he spoke on the phone with the president yesterday and it was a pleasant conversation. but more of the same. reporting live from washington, d.c., alison burns, ktvu channel 2 news. >>> 8:15. bay area sheriffs may be changing how they deal with suspected illegal immigrants. state attorney general kamala harris recently told the sheriffs they don't have to hold illegal immigrants want to deport them. she said those with serious criminal record -- records should be detained and deported and local departments have to decide how to handle others. >>> police made several arrests at the building where hundreds chose to report >>> the so of netflix may be in trouble for something he put on facebook. back in july, he wrote on his page that netflix employees are enjoying a billion hours of movies a month. the s.e.c. is considering a cease and desist order. >>> protesters in egypt are showing their opposition to mohammed morsi. in the speech, president morsi refused
FOX News
Dec 7, 2012 2:00pm PST
face with the fiscal cliff. tonight on "special report," house speaker john boehner says there has been no progress in negotiations with the president. he is again calling on mr. obama to come up with a new proposal. vice president joe biden says a deal could be done in 15 minutes. all this comes as the government announces a gain of 146,000 jobs in the month of november. the unemployment rate fell to 7.7%. that is the lowest in four years but that was mostly due to people who stopped looking for work. both sides agree the u.s. does not want to follow down the path of greece. what is to blame there? too much austerity or too much taxation? we'll look at the problems inside his own party, for speaker boehner. it's friday. that means the lightning round with the panel. "special report" from washington starts at 6:00 eastern. now back to new york and "the five." ♪ ♪ >> bob: kay. there is music for you. on december 3 last year, 16-year-old tyler alfred from oklahoma was driving under the influence and crashed his pickup truck killing his passenger and friend 16-year-old john luke.
FOX Business
Dec 7, 2012 11:00am EST
that. buying a casino in atlantic city, we will see what happens. dennis: more fiscal cliff rhetoric from house speaker john boehner and president obama. when are they going to get serious? cheryl: look at live pictures of the original backmobile. we will have the designer and a man who will auction this baby off. dennis: look at today's s&p winners and losers. there is no mass-produced human. every human being is unique. the sleep nuer store. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclusive collection of innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to your size and shape. temperature-balancing being. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that allowyou to adjust to the support your body needs. each of your bodies. in the name of human individuality: the sleep number collectio individualize your sleep experience. exclusively at one of our 400 sleep number stores nationwide. sleep number. comfort individualized. this holiday season, give the gi
ABC
Dec 7, 2012 2:35am EST
speaker boehner, all that of course an effort to avoid the nation dropping over the fiscal cliff. in just a few days at the end of the year. in their first discussions yesterday after a week's hiatus we are told there were no signs of progress and even a hardening of positions. in fact, earlier president obama discussed the stalemate with middle-class families. >> for them to be burdened unnecessarily because the democrats and republicans aren't coming together to solve this problem gives you a since of the costs involved in very personal terms. >> he showed what he is really after is assuming unprecedented power to spend taxpayer dollars without any limit at all. >> the major sticking points continue to be how to handle tax rates for wealthy americans, and also, what to do about reducing spending on entitlement programs like social security and medica medicare. >> aide between the president and the speaker of the house met and the talks basically went nowhere. according to one of the president's aide he said higher taxes of course on the wealthy. a deal must include permanent extension o
ABC
Dec 7, 2012 2:35am EST
from going over the fiscal cliff. for the first time in a week yesterday, aides to the president and house speaker john boehner met but no discernible signs of progress. there seemed to be a hardening of positions on tax rates and possible reductions in spending. >>> pretty stern announcement from capitol hill, one of the senate's conservative leaders, jim demint of south carolina is quitting. he announced his resignation yesterday saying he will leach the senate january 1. demint will head a conservative think-tank now. south carolina's governor says there is no time table to announce demint's replacement. >> a lot of people are questioning this why he will take over the heritage foundation. his salary in the senate is $174,000. he is replacing a guy who, the head of the, the heritage foundation was making roughly $1 million a year. get, got a little bit of an increase. in salary. >> all of these politicians, go on to a lobbying, think-tank, consultant work, all that kind of stuff, they leave for big bucks there. he's considered one of the grandfathers of the tea party movement. a powerful gift. at od
FOX News
Dec 6, 2012 7:00pm EST
who criticized house speaker john boehner over own party fiscal cliff honor says is he resigning. an important man, too. south carolina senator jim demint a key force behind the tea party movement. the founder of the tea party caucus in the senate and who predicted that the healthcare debate would be president obama's water loo. remember that? earlier this week he argued that speaker boehner's proposal tax hikes would destroy jobs. but senator demind says his resignation has nothing to do with the fiscal cliff. it's because he has accepted a job as president of the conservative think tank the heritage foundation. jim demint served three terms as a u.s. congressman from south carolina before voters first elected him to the senate in 2004. mike emanuel is on capitol hill tonight. it's a big resignation,. >> jim demint says is he leaving the senate, shep he is not leaving the fight. in fact, demint might be able to spend more time on issues he is most passionate about at the heritage foundation. he explained his thinking on "special report" a short time ago. >> i think i'm in a more
ABC
Dec 7, 2012 3:40am PST
fiscal cliff to the royal baby watchi inwatch, here "friday rewind." >> i think we're going over the cliff. it's pretty clear they made a political calculation. >> unfortunately the speaker's proposal right now is still out of balance. >> the president's idea of a negotiation is roll over and do what i ask. >> if i was working the way congress and the president are working, i would probably lose my job. >> it's absolutely wonderful news, and i'm delighted for them. i'm sure they will make absolutely brilliant parents. >> the duty of the wife of the future king is to provide an heir and hopefully a spare. >> this is potentially very serious for a pregnant woman. at this stage of pregnancy, however, most of the risks lie with the mother. >> there is no -- >> no extradition treaty. >> -- no extradition treaty. i chose guatemala carefully. >> all i know is there is a player with a gun. and i know that's not a good thing. >> it was an individual that did something that he snapped. and that i don't understand. i probably never will. >> i accidentally held it up. the dolphin jumped up and ate the carton and bit my hand. >> we got this video. let's make it public, and let's try to put some
CNN
Dec 7, 2012 4:00am PST
that. >> thank you. >>> 25 days until we fall off of the fiscal cliff. a new glimmer of hope that maybe a deal is in the works. president obama and speaker john boehner are meeting one-on-one trying to hash out a fiscal cliff deal before the end of the year. clearly that's the deadline. no other leaders in the room though. just the two of them. there are sources that confirm that staff members on both sides resumed talking on thursday as well. will those talks go anywhere? mr. baer is a managing director of the harbor group and he's with us this morning. thank you for being with with us. >> good morning. >> i'm trying to decide if this meeting is a good idea for a bad idea. on the good side f you move all the noise and the debate and the extra people in the room and bring the two main people to sit down and hash it out, that could be a good thing. >> it is a good sign. that's how this deal is going to be done e. that's how it was done last s summer how we avoided government shutdown last spring. there's a lot of staff work that has to be done. what's speaker boehner's position and can he bring along enough members to pass a big deal. >> that
MSNBC
Dec 7, 2012 1:00pm PST
fiscal cliff. >> this ised kind of job owning you expect and i think all speaker boehner is looking to get a little bit of leverage because he really doesn't have any leverage. consider this political situation that boehner finds himself in, not just the frat tra side and the division, but remember this president won an election on the question of tax fairness. secondly, the economy is coming back, coming back strong as we saw from the jobs report. when i came into office, losing 800,000, we're not gaining 200,000. he's winning the question on the economic stewardship or he has won the question. all of the polls are showing that the public is in support of the president on this, and at the end of the day in the 11th hour the reality here is that if boehner continues to take an obstructionist position, taxes will go up on everybody, not just the 2%, and obama will win that argument and boehner knows that. so this is a kabuki dance. we know how this is going to end. republicans will have to concede a deal largely on obama's terms and the question is when. >> professor peterson, one is
CNBC
Dec 7, 2012 4:00pm EST
great weekend as well. see you mondays. >>> house speaker john boehner says fiscal cliff talks remain stuck in neutral. >> the president insist on his position. insist on my way or the highway. >> well, going over that highway and the fiscal cliff would kill thousands of jobs, especially in the defense sector and the head of a defense contractor who will feel that pain joins us next along with former vermont governor howard dean who argues maybe going over the fiscal cliff will be the best thing for the nation. >>> later, we have the former chairman of the council of economic advisers under president bush. he's going to join us as well as laura tyson, the former head of the cea under president clinton. we're going to get their take on the cliff and today's jobs number. >>> also, tough week for apple shares. is now the time to load up? stick around for the apple trade in the back half of this hour. stay tuned. [ male announcer ] when this hotel added aflac to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ]
MSNBC
Dec 7, 2012 7:00am PST
four-year low. the timing is interesting, obviously, just as we're learning that fiscal cliff negotiations are now a party of two, the president and the speaker. the "new york times" reporting that house speaker john boehner wants to speak only to president obama out of public view. though we've just learned that boehner is holding a news conference at 11:00 this morning eastern time. the fight, though, still very public. vice president joe biden is meeting with a middle class family. and yesterday president obama met with a virginia family. tax hikes for the rich are nonnegotiable. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is for families like this one. >> joining me now is barry, msnbc political contributor and editor for grio. hello, guys. >> perry, i'm wondering if these new unemployment numbers add to the president's leverage? >> i think they do. the big thing is the election. but the jobs numbers suggest that the economy is doing well and it cuts against the republican argument that raising tax
CBS
Dec 7, 2012 7:00am PST
members of congress is this is a solvable problem. >> we've only got 25 days until the fiscal cliff. >> according to "new york times," house speaker john ba boehner has asked democratic leaders to step aside so he and the president can negotiate a deal one on one, and no one is objecting. >>> the crisis in egypt remains volatile, with massive anti-government rallies planned today. >>> heartbreaking survival story for a woman stranded in the snow in the california sierra nevada mountains. >>> shoppers at a seattle macy's had to be hospitalized when an escalator they were riding malfunctioned. >> fire to the end zone. touchdown. >> broncos with their eighth straight win. >> all that -- >> three, two, one! >> my 50th birthday, she gives everybody a car and then she's all, thank you for coming to gayle's birthday! >> we're talking about oprah, right? >> no, of course not. >>> and all that matters. >> south carolina tea party says jim demint is resigning. >> leaving the senate a lot better than i found it. >> jim demint leaves some big shoes to fill. >> jim demint leaves some big shoes to fill. then again -- captioning funded by cbs en agai
CNBC
Dec 7, 2012 9:00am EST
high. speaker boehner is about to speak. here he is. >> when it comes to the fiscal cliff that's threatening our economy and our jobs, the white house has wasted another week. you know, eight days ago secretary geithner came here to offer a plan that had twice the tax hikes that the president campaigned on. it had more stimulus spending than it had in cuts. and an indefinite, infinite increase in the debt limit like forever. four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion-dollar deficits for as far as the eye can see. listen. washington's got a spending problem, not a revenue problem. if the president doesn't agre
CNN
Dec 7, 2012 2:00am PST
president can meet one-on-one to work out a fiscal cliff compromise. that's according to the new york sometimes. the report also says everyone is on board with the idea. america goes off the fiscal cliff in 25 days triggering massive tax hikes and spending c cuts. >>> no sign of president obama, the first lady, sash has or malia, this year it's all about bo. the card was designed by iowa artist and dog lover lorissa cable. >>> a holiday surprise for some walmart shoppers in south florida. secret santas paid off their layaway bills. >> my layaway is paid? >> yep. the rest of your balance is paid off. >> are you serious? >> yes, very serious. you no longer own a balance. >> tell santa thank you very much! >> an athletic club pitched in $500 which helped six families. several layaway shoppers say they wish they could meet their secret santas to give them a hug and kiss and say thank you. >>> time for your early reads. your local news making national headlines. we begin with tacoma's news tribune which says day one of legalized marijuana was pretty chill. there were no run on doritos
FOX
Dec 7, 2012 5:00am PST
there may be only two people at the fiscal cliff negotiating table. according to the new york times house speaker john boehner says he wants to negotiate directly with president obama. he has asked that senate leaders and house minority leader nancy pelosi be excluded from future talks. and clearing a negotiating room improves the chances for success. just 25 minutes from now the closely watched monthly unemployment report will be released for november. coming up at 5:15 what economists say the numbers released this morning don't accurately reflect the current jobs market. >>> time now 5:05. reports an oakland church youth group visiting florida today is out of money and their belongings because thieves broke into their van. a group of 24 teenagers and young adults were eating at a restaurant yesterday. about an hour after arriving for a weekend youth conference. they are saying thieves broke into their van, stole $12,000 cash. one member of the group was able to have money wired to them so they at least spent last night in a hotel. there is no word yet if this group plans to come back to oakland toda
FOX
Dec 7, 2012 6:00am PST
are now hearing that there may only be two people at the fiscal cliff negotiating table. according to the new york times house speaker john boehner says he wants to negotiate directly with president obama. he has asked that senate leaders and house minority leader nancy pelosi be excluded from future talks and those say clearing the negotiating room clears the chances for success. f we have new unemployment numbers released just a few minutes ago. employers added 146,000 new jobs in november. the unemployment rate dropped to a four-year low of 7 .7%. coming up at 6:15 the factors that economists predicted would have a negative impact on the numbers but apparently did not. >>> time now 6:07. we are following this story. oakland church youth group traveling in florida they are out of money and their belongings because thieves broke into their van. a group of 24 teenagers and young adults were eating at a restaurant yesterday about an hour after arriving far weekend youth conference. someone broke into their van stole 12,000 cash. one member of the group says they were able to have some money mired so they -- wired so they d
MSNBC
Dec 6, 2012 8:00pm EST
ed show." president obama has put house speaker john boehner and republicans in a box on fiscal cliff negotiations. and the evidence is mounting. president obama stayed on offense today, visiting the santana family in northern virginia whose taxes will go up more than $4,000 in 2013 if middle class tax cuts aren't extended. >> i'm encouraged to see that there's been some discussion on the part of republicans acknowledging the need for additional revenue. as i've indicated, the only way to get the kind of revenue for a balanced deficit reduction plan is to make sure that we're also modestly increasing rates for people who can afford it. folks like me. just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. >> the concerted effort from the white house is very clear. here's white house press secretary jay carney. >> what will produce a deal is an acknowledgement by republicans, republican leaders, that rates on the top 2%, the wealthiest americans, have to rise. there is no deal without that acknowledgement, and withou
MSNBC
Dec 7, 2012 2:00pm PST
where it might find some votes or becomes an even more fringy party. >>> also, the fiscal cliff. it's down to two people. everybody seems to agree, two people get in the room, the president and the leader of the opposition, john boehner, the speaker. they may be closer, some argue, to an agreement than we think. the question is can they sell the deal to their bases, to their fringies, left and right i must say. >>> plus, republicans say they would change after the lek and they are. guess what? they're changing the rules. some of them are proposing to republicans in pennsylvania and three other states obama won. they're trying to eliminate the winner take all system of awarding electoral votes. that way republicans could win electoral votes in states they lose. >>> new jersey governor chris christie finally meets his idol. the man he's seen in concert more than 100 times. the governor and the boss, bruce springsteen. they're friends now. this is "hardball," the place for politics. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in yea
FOX Business
Dec 6, 2012 7:00pm EST
talking, but there is still no word of progress on the so-called fiscal cliff or the president's ultimatum. silence indicate a deal in the works or something too ugly for them to contemplate?@ we'll have the latest for you from the white house. white house correspondent ed henry here in just moments, but, first, the money line in hoping washington might get a deal done driving a modestly bullish mood on wall street at the end of the session. investors cheering news in a decline in jobless claims, and household wealth in the country grew by $1.7 trillion, to the highest level in five years, talk about a positive indicator for consumer purchasing. the dow jones industrial up 40 points, the s&p up five, and nasdaq rose 15.5 points. volume? a billion shares lighter than yesterday, but above the average of 3.1 billion trading on the board today. apple rebounded from yesterday's worst date performance in four years, a gain of $8.45 today with the ceo saying apple will move imac computer production to the country in the new year. garmin stock higher to replace rr donly in the s&p 500, t
ABC
Dec 7, 2012 7:00am PST
%. superstorm sandy was a small factor. >>> also weighing on job creation, the looming fiscal cliff at year's end. aides to president obama and house speaker john boehner, sitting down on thursday. but no progress was made. the sticking points, tax rates for wealthy americans, a possible lifting of the nation's debt ceiling and cutting spending on entitlements. >>> and in yet another bizarre twist in the bizarre saga of software tycoon john mcafee. mcafee was rushed to the hospital thursday from a detention center in guatemala city, after complaining of chest pains. he's now back in his cell and could be send back to belize, where police want to question him about the murder of his neighbor. >>> now, here's diane sawyer with a preview of tonight's "world news." diane? >> so, josh, it's friday. it's great to talk to you. and how about a holiday tradition for years? everybody wondering, what happened to the determined little boy they loved? well, he's all grown up. and he has a perfect gift for you. tonight, behind the scenes of a christmas classic. and he is our "person of the week" tonight. >> cannot wait to see that. >>> and finally, well, we
CNN
Dec 7, 2012 6:00am PST
reporters in an hour. the event comes with just 25 days until that fiscal cliff deadline. both sides of the aisle resumed talks thursday. first time that's happened all week. and comes and comes one day after president obama and speaker boehner talk bid telephone. >>> in japan a tsunami warning has been lifted. a 7.3 magnitude quake struck at sea 300 miles from tokyo. a small tsunami was triggered while a building shook in the capital city. happened almost in the same area along the northeastern coast devastated by a earthquake two years guy. >>> attorneys for george zimmerman are suing nbc universal for characterization of him in reporting on the trayvon martin shooting death. lawsuit claims nbc edited 911 recordings to make it appear that zimmerman was racist. nbc says it disputes the accusations and plans to defend itself in court. >>> on every flight, you have to power down your gadgets before takeoff and landing. but -- could that be changing? you might be surprised who is leading the charge. [ nyquil bottle ] hey tylenol, you know we're kinda like twins. [ tylenol bottle ] we are? yeah we both relieve coughs, sneezing, aches, fevers. and i relieve nasal congestion. overachiever. [ female announcer ] tylenol® cold mult
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